August 2026
House Intelligence Committee warns of ‘Black Swan’ AI risks
Bipartisan lawmakers cautioned that existing safeguards may not be enough to keep up with AI’s advances.
Trump says U.S. growth could hit 20%. It’s happened only once since WWII
Trump argued rapid growth should not prompt Fed rate hikes, even as inflation remains above the central bank’s 2% target.
Supreme Court says Trump can build White House ballroom as lawsuit continues
Chief Justice John Roberts dissented with three liberal justices, saying, “That construction is likely unlawful.”
Trump to meet with U.S. oil refiners as White House pushes to lower gas prices
The White House says it is seeking near-term steps to boost refining capacity as affordability and gas prices loom over the midterm election.
Mortgage rates surge to the highest since June 2025 as new Middle East attacks push oil prices up
The expectation had been for falling rates this year, but the war with Iran and its resulting rise in oil prices upended that.
Bessent pushes back on Druckenmiller critique of bond intervention
Bessent, at a G20 finance meeting, told CNBC he spoke with Stanley Druckenmiller after his critical op-ed was published and that their conversation went “fine.”
Trump reportedly plans to announce new drug pricing deals with nearly a dozen drugmakers
The string of deals builds on the Trump administration’s push to link the nation’s drug prices to cheaper ones abroad.
Trump says U.S. communities opposing AI data centers could end up ‘backwards and poor’
“China could not be happier with this anti Data Center movement,” Trump said as Republicans express concerns about the backlash to data centers.
Manhattan’s luxury rental market is booming, with units reaching $100,000 a month
New York City brokers said they’ve seen a surge in the number of wealthy renters, which is driving Manhattan rents to new records.
Kalshi permanently bans former GOP Rep. George Santos over illegal trading
Former GOP Rep. George Santos, of New York, has drawn fire for allegedly trading on whether he would attend this year’s State of the Union address.